I’ve been a mother only for a short time. But it doesn’t mean that I haven’t felt its white-hot impact on my bottom line.
And this is despite receiving oodles of lovely gifts. Case in point: My mom hasn’t put down her knitting needles since my first sonogram.
This is because, in addition to nursery curating and wardrobe considerations, there are big financial changes that come with motherhood. (It's why we created our Baby on Board Bootcamp.)
Here are eight money facts that I learned while in the midst of baby-having—in some cases, I had time to do the right thing financially, while others crept up a little too late for me to take advantage of them this tax year. But that doesn’t mean you can’t.
I also spoke to Rachel Sanborn, a certified financial planner ™ with LearnVest Planning Services, who added her own insight and money-saving tips.
To view all the slides in one long list, click into the show and choose “list view.”